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Delta Picks Bezos Over Musk For Satellite Wi-Fi As SpaceX's $1.75 Trillion IPO Looms [Yahoo! Finance]
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The deal snubs SpaceX's Starlink as the rocket company reportedly moves toward filing what could be the largest IPO ever. Why Amazon Over Starlink Delta chose Amazon Leo because of its existing relationship with Amazon Web Services, which already powers the airline's internal systems. The service promises download speeds up to 1 gbps per aircraft and will be free for all SkyMiles members. The catch is Amazon's Leo has roughly 200 satellites in orbit. Starlink has over 10,000 and more than 10 million paying subscribers. Don't Miss: High-net-worth individuals often rely on financial advisors to guide key decisions— this short quiz helps connect you with one based on your goals, at no upfront cost Explore the Fire-Safe Energy Storage Company With $185M in Contracted Revenue Amazon has been testing its ?service with businesses and is “months away” from starting commercial service. The service will begin in small regions and expand as the satellite constellation grows. Unit
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- Amazon is Considering a $9 Billion Deal to Acquire Satellite Communications Company Globalstar. Here's Why Amazon, Apple, and Tesla Investors Should Pay Attention. [Yahoo! Finance][Yahoo! Finance]
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